The Accounts Manager will be responsible for managing the complete accounting function of the manufacturing unit, ensuring accuracy in financial reporting, statutory compliance, cost management, and budget control. The role requires a strong understanding of manufacturing cost structures, inventory accounting, and financial analysis to support strategic business decisions.
Supervise day-to-day accounting operations including accounts payable, receivable, general ledger, and bank reconciliations.
Prepare monthly, quarterly, and annual financial statements as per accounting standards (Ind AS / IFRS).
Ensure timely closing of books of accounts and submission of MIS reports to management.
2. Cost Accounting & Inventory Control
Monitor and analyze production costs, material consumption, and cost variances.
Manage and reconcile raw material, WIP, and finished goods inventory.
Implement cost-saving measures and improve process efficiency.
3. Budgeting & Financial Planning
Prepare annual budgets and rolling forecasts in coordination with department heads.
Track and analyze budget variances and provide actionable insights.
Support management in decision-making through financial modeling and analysis.
4. Statutory Compliance & Audits
Ensure compliance with GST, TDS, PF, ESI, Income Tax, and other statutory requirements.
Liaise with external auditors, internal auditors, and government authorities.
Maintain proper documentation and ensure audit readiness at all times.
5. Payables, Receivables & Cash Flow Management
Manage vendor payments and ensure timely disbursements as per company policy.
Oversee customer billing, collections, and credit control.
Prepare and monitor daily cash flow and fund requirements.
6. Team Management & Coordination
Supervise and guide the accounts team in day-to-day activities.
Coordinate with Production, Purchase, HR, and Stores for financial data accuracy.
Train team members on new accounting practices and ERP usage.